US Chamber Developing Response to GDPR, State Privacy Laws, It Says, Raising Concerns
In response to the EU's "burdensome" general data protection regulation and California's precedent-setting privacy law, the U.S. Chamber of Commerce is developing federal legislation to avoid “a nightmare” patchwork of rules, wrote Chamber CEO Thomas Donohue Monday. “In today’s interconnected…
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world, data know no boundaries and require a federal framework,” said Donohue. Federal policy should “encourage cross-border data flows over data localization, which does little to protect privacy while making data more vulnerable and discouraging foreign investment,” he argued. Policymakers also should favor “long-term growth over short-term gains that may be achieved by limiting data flows and other practices that undermine competition,” he said.